Treasury Secretary Scott Bessent assured he is “very, very optimistic” about the economic outlook of 2026 and dismissed concerns of an impending recession .

Bessent appeared on NBC News’s Meet the Press on Sunday since the September jobs report was released late due to the government shutdown. While recessions entail a rising unemployment rate, the unemployment rate rose a tenth of a percentage point to 4.4% in September, which is a historically low number. Still, host Kristen Welker asked Bessent if parts of the economy have “dipped into a recession.”

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